The Report

Read Building a Better Lebanon

In this report, the co-authors explore the best way out of this crisis. Against a general backdrop of weak institutional capacity and growing instability, the authors argue that any reform program for Lebanon should be simple, transparent, and most importantly managed by a credible government of reform. Advocating a combination of measures, they highlight immediate steps needed to stop the financial hemorrhaging of the Lebanese banking system before embarking on a gradual journey toward structural transformation and reform. In the heat of the present crisis, Lebanon must maneuver toward a productive economy away from the dominant financial sector through initiatives supporting business capacity, entrepreneurs, and skills development. If these steps are taken immediately, and throughout the coming political cycle, Lebanon may yet be rescued and put on a path to recovery. 

The Event

Please join us for a virtual conference to mark the launch of a report on this topic co-authored by Harvard Adjunct Professor and Former IMF Economist Rand Ghayad, Wilson Center Middle East Program Chair Ambassador James Jeffrey and Director Merissa Khurma, and Atlantic Council Nonresident Senior Fellow Hung Tran.